Aegeus Technologies SME IPO: ₹24 Cr Issue Opens Aug 4

Aegeus Technologies Limited has announced its SME IPO, with an issue size of ₹24 Cr. The bidding period for the IPO is scheduled from August 4, 2026, to August 6, 2026.

Investors will need a minimum investment of ₹1.20 Lakh, corresponding to a lot size of 1200 shares. The shares are expected to list on both the BSE and NSE.

IPO Specifics Outlined

Issue Size: ₹24 Cr

Price Range: ₹100 to ₹105 per equity share

Lot Size: 1200 shares

Minimum Investment: ₹1.20 Lakh

Bidding Period: August 4, 2026, to August 6, 2026

Allotment Date: August 7, 2026

Listing Date: August 11, 2026, on BSE and NSE

Registrar: Skyline Financial Services Private Limited

Incorporated in 2017, Aegeus Technologies focuses on robotic automation solutions for the solar power industry. The company develops and manufactures waterless robotic systems for cleaning solar panels, alongside providing operations and maintenance (O&M) services for solar power plants.

Their product portfolio includes Unicorn Smart for utility-scale projects, Unicorn R2R for discontinuous layouts, and Shreem for rooftop installations. These solutions integrate advanced technologies such as artificial intelligence (AI), machine learning (ML), IoT, and remote monitoring.

Financial Performance (FY26)

Revenue: ₹40.93 Cr

Profit After Tax (PAT): ₹4.01 Cr

3-year CAGR Growth Rate: 63.74%

Market Capitalization: ₹87.93 Cr

P/E Ratio: 15.98

Debt to Equity Ratio: 0.77

For FY26, Aegeus Technologies reported a strong 3-year CAGR growth rate of 63.74%, which is higher than the sector average. The company’s P/E ratio of 15.98 and Debt to Equity ratio of 0.77 are both lower than sector averages.

Revenue distribution in FY26 showed products contributing 55.3% and services 44.6%. Exports accounted for 40.5% of the revenue, with domestic sales making up 59.4%, primarily from Rajasthan.

IPO Funds Deployment

Working Capital: 33.70%

General Corporate Purposes: 29.90%

Capital Expenditure: 24.20%

Product Development: 12.10%

The IPO’s objectives include allocating a significant portion of funds towards working capital and general corporate purposes. Additional capital will be directed towards capital expenditure and product development initiatives.